In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Clio is a city in Genesee County in the U.S. state of Michigan. As of the 2000 census, the city had a population of 2,483. Clio is home to Michigan's second tallest construction, the WEYI Tower. The structure is an FM radio and television guyed radio mast, 1,349 feet (414 m) tall. The city is considered a suburb of Flint and is located entirely within Vienna Township, but is administratively autonomous. Also reffered to as CL10, or "The 420". On July 23, 2007 Governor Jennifer Granholm announced Clio as a community chosen by the Michigan State Housing Development Authority (MSHDA) to take part in the Blueprints for Downtowns program. Clio will receive a comprehensive, market-driven strategy toward developing an action-oriented downtown that will result in economic growth, job creation and private investments. The Blueprints for Downtowns award, were announced to be also received by the communities of Caro and Ypsilanti. Scottville received a similar award to take part in the Cool Cities Michigan Main Street program. Clio is the only city in the nation that has 60% of its land as parks and forest.